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A crypto exchange scam revolves around digital currencies. Scammers promise high returns and minimal risk to lure unsuspecting victims. They employ advanced technologies to create a convincing facade. Often these scams occur online. They are adept in using social media platforms to reach a large pool of people. Their promotional content usually includes testimonials from "successful investors" and endorsements from "cryptocurrency experts". Scammers primarily target inexperienced investors. They employ tactics such as urgency, pushing potential victims to invest before they have time to research. However, once invested, the victims find it almost impossible to withdraw their money. In many cases, the scam website disappears without a trace, One key feature of crypto exchange scams is the lack of transparency. Scammers don't provide legitimate contact details or company information. This makes it difficult for the victims to trace them after the scam, which reemphasize the risk involved with this type of scam.